Form 4: John Thain Exercises Restricted Stock Units in Uber Technologies
SEC Form 4 Filing
Director John Thain converted 286 restricted stock units into common stock of Uber Technologies on April 16, 2024.
Summary
- John Thain, a director of Uber Technologies, Inc., converted 286 restricted stock units (RSUs) into common stock on April 16, 2024.
- The RSUs were granted on April 10, 2024, under the Uber Technologies, Inc. RSU Conversion and Deferral Program for Directors and were fully vested upon grant.
- The conversion occurred on April 16, 2024, with the issuer electing to pay out the RSUs in common stock on a one-for-one basis.
- Following the transaction, Thain directly owns 167,684 shares of Uber Technologies common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This transaction is a routine disclosure of stock-based compensation for a company director, which is a common practice in publicly traded companies like Uber Technologies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares relative to the total outstanding shares of Uber Technologies.
Key Dates
| Date | Description |
|---|---|
| 04/10/2024 | Date the reporting person was granted 286 restricted stock units ('RSUs') |
| 04/16/2024 | Date of transaction where restricted stock units were converted into common stock |
| 04/18/2024 | Date of report filing |
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